Supreme Court reserves order on Jet Airways' ownership transfer case

The Supreme Court has reserved its order on banks' appeal for Jet Airways' liquidation, with lenders accusing the Jalan-Kalrock Consortium of failing to implement a resolution plan, causing financial losses of approximately Rs 3,800 crore during the insolvency period.

Oct 19, 2024 - 17:57
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Supreme Court reserves order on Jet Airways' ownership transfer case
The Supreme Court has reserved its order on banks' appeal for Jet Airways' liquidation, with lenders accusing the Jalan-Kalrock Consortium of failing to implement a resolution plan, causing financial losses of approximately Rs 3,800 crore during the insolvency period.

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